Search results

Yea well having 30% Fe grade iron ore that requires $$$bn to beneficiate and 000's km away from a port that doesn't exist wouldn't exactly help.

Haha... does your life suck? Sorry to hear that. Not sure what is so strange. If you keep taking the Chinese and Japanese for granted, you won't be paid well soon.

Hope Mitsubishi pulls out of OPR altogether... about time some conceited people get hit with job losses. Love to see all thoes mining jobs in that region (don't worry there's plenty, happy to post a map if needed) capitulate.

Want more what? The main point is OPR is blowing out of proportions... and who's funding MML's $3.0bn capex? If OPR is looking difficult, why would anyone bother developing their mine in Midwest...?

Personally doubt we'll ever see OPR 1. If you believe in mean-reversion of iron ore prices, the OPR is going to have difficulty ever getting up given the ridiculous capex required to fund all the mines such as Karara, Jack Hills etc in the region which are the primary users of the...